“Having a clear view on the risk-return profile of our client relationships and transactions is key – and this understanding is also at the core of our prudent international expansion, which supports our diversification strategy.”
Jens Thiele, Head of Business Unit
Corporates
■ Diversifying corporate strategies by German and International Corporates ■ Focus on lending clients in Northern German region with service & expertise approach ■ Large portion of clients in Germany are family-owned companies with typically long-standing HCOB relationships ■ Diversified international approach with wide range of credit products, countries & sectors ■ Highly skilled, lean and transaction-focused team with broad network to identify and capture market opportunities quickly in International Corporates ■ Active lending partner to enablers of the energy transition, i.e. European companies that produce or operate technical solutions which enable end-users to reduce their carbon footprint
Financials1
in € mn
1) For further details on P&L please refer to the Segment Reporting in the appendix | 2) Expected loss based on PD/LGD approach, for loan loss provisions according to IFRS (P&L, B/S) please refer to the Segment Reporting | 3) Risk Costs (expected loss / b/s) | 4) RoE after taxes based on a 13%-ratio of invested CET1 capital as reported
Rating
distribution in %
H1 2023
YE 2022